Saudi Arabia opens subscription to the October Sah savings sukuk today at a 5.00% fixed return, up 20 bps from September’s 4.80%. Subscription runs through Oct. 6, with investments ranging from SAR 1,000 to SAR 200,000
Subscription to the October issue of Sah, the government sukuk savings product designed for individuals, starts today, Sunday, Oct. 4, 2026, offering a return of 5.00%. 
Subscription opens at 10:00 a.m. and runs until 3:00 p.m. on Tuesday, Oct. 6, through the digital channels of approved financial institutions.
The minimum subscription is SAR 1,000, equivalent to one sukuk, while the maximum is 200 sukuk worth SAR 200,000.
The October issue offers a return about 20 basis points higher than the September issue’s 4.80%. Subscription to the September issue opened on Sept. 6 and ran until Sept. 8.
Sah is a savings product designed for individuals in the form of sukuk under the Kingdom’s Saudi riyal-denominated Local Sukuk Program. It is Shariah-compliant and issued by the Saudi government through the Ministry of Finance, with the National Debt Management Center (NDMC) acting as arranger.
The savings period is one year at a fixed return, with accrued profits paid at maturity. The product is available exclusively to Saudi nationals aged over 18 through approved financial institutions.
New ProductDetails
Issue type
Sah, which is the first Shariah-compliant savings product intended for individuals in the form of sukuks within the Kingdom’s local SAR-denominated sukuk program.
Start of subscription to the first issue
Oct. 4, 2026(at 10:00 am)
End of subscription to the first issue
Oct. 6, 2026(at 3:00 pm)
Target category
Saudi individualsabove 18
Minimum subscription limit
SAR 1,000, which is equivalent to the value of one sukuk
Maximum subscription limit
SAR 200,000 for the total number of issues per individual during the program period
Yield payment date
The annual yield on the sukuk will be paid on the maturity date
Sukuk par value
SAR 1,000
Sukuk yield
5.00%
Maturity date
Calendar year
Redemption request
Sukuk holders can request redemption during the periods specified according to the annual calendar published for “Sah”, and the accumulated profit will not be accrued upon early withdrawal
Financial institutions that provide subscription service
SNB Capital,Al Rajhi Capital,AlJazira Capital, Alinma Investment,andSAB Invest
Return rate
Depends on market conditions from month to month
Do savers pay Zakat for Sah product?
No
Saudi Arabia opens subscription to the October Sah savings sukuk today at a 5.00% fixed return, up 20 bps from September’s 4.80%. Subscription runs through Oct. 6, with investments ranging from SAR 1,000 to SAR 200,000
Subscription to the October issue of Sah, the government sukuk savings product designed for individuals, starts today, Sunday, Oct. 4, 2026, offering a return of 5.00%.
Subscription opens at 10:00 a.m. and runs until 3:00 p.m. on Tuesday, Oct. 6, through the digital channels of approved financial institutions.
The minimum subscription is SAR 1,000, equivalent to one sukuk, while the maximum is 200 sukuk worth SAR 200,000.
The October issue offers a return about 20 basis points higher than the September issue’s 4.80%. Subscription to the September issue opened on Sept. 6 and ran until Sept. 8.
Sah is a savings product designed for individuals in the form of sukuk under the Kingdom’s Saudi riyal-denominated Local Sukuk Program. It is Shariah-compliant and issued by the Saudi government through the Ministry of Finance, with the National Debt Management Center (NDMC) acting as arranger.
The savings period is one year at a fixed return, with accrued profits paid at maturity. The product is available exclusively to Saudi nationals aged over 18 through approved financial institutions.
New ProductDetails
Issue type
Sah, which is the first Shariah-compliant savings product intended for individuals in the form of sukuks within the Kingdom’s local SAR-denominated sukuk program.
Start of subscription to the first issue
Oct. 4, 2026(at 10:00 am)
End of subscription to the first issue
Oct. 6, 2026(at 3:00 pm)
Target category
Saudi individualsabove 18
Minimum subscription limit
SAR 1,000, which is equivalent to the value of one sukuk
Maximum subscription limit
SAR 200,000 for the total number of issues per individual during the program period
Yield payment date
The annual yield on the sukuk will be paid on the maturity date
Sukuk par value
SAR 1,000
Sukuk yield
5.00%
Maturity date
Calendar year
Redemption request
Sukuk holders can request redemption during the periods specified according to the annual calendar published for “Sah”, and the accumulated profit will not be accrued upon early withdrawal
Financial institutions that provide subscription service
SNB Capital,Al Rajhi Capital,AlJazira Capital, Alinma Investment,andSAB Invest
Return rate
Depends on market conditions from month to month
Do savers pay Zakat for Sah product?
No
